Tag: Summit Materials
During the 2022 Pit & Quarry Roundtable & Conference, aggregate producers shared their struggles implementing cutting-edge tech that’s widely available yet barely put to use industrywide.
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Summit Materials divested Kentucky-based Hinkle Contracting Co. to CRH Americas in a deal involving multiple aggregate operations.
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Summit Materials added Kekin Ghelani as an outside hire, making him the first person to hold the title with the company.
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CEO Anne Noonan characterizes the business environment as ‘favorable towards the potential for additional price increases.’
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Tom Beck will now serve Summit Materials as executive vice president while David Loomes serves the company as senior vice president.
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Summit Materials experienced volume growth in aggregates across a number of its territories last year, with average selling prices for aggregates also up.
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Summit Materials reported its third-quarter results, noting that its aggregate business experienced a variety of gains.
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Summit Materials CEO Anne Noonan says the company delivered volume growth in most lines of business and pricing growth in all lines of business during the second quarter.
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Net revenues and sales volumes tied to aggregate were up in the first quarter at Summit Materials, although average selling prices were down slightly.
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